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"Stop wasting cash": Shark Tank investor Kevin O'Leary shares the advice he would give to his younger self

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The video clip featured Kevin O'Leary answering the host's question as to what advice he would give his younger self. In response to the question, Kevin O'Leary stated: "Don't buy
In an article on MSN Money, Kevin O'Leary, known from "Shark Tank," shares financial advice he would give to his younger self. He emphasizes the importance of not wasting money on unnecessary expenses, particularly highlighting the pitfalls of buying expensive cars or other luxury items that depreciate quickly. O'Leary advises focusing on investments that appreciate or generate income, like real estate or starting a business. He also discusses the value of understanding and managing cash flow, suggesting that one should always know their financial inflows and outflows to make informed decisions. Additionally, he stresses the significance of saving and investing early to benefit from compound interest, and the need for a diversified investment portfolio to mitigate risks.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/money/smallbusiness/stop-wasting-cash-shark-tank-investor-kevin-o-leary-shares-the-advice-he-would-give-to-his-younger-self/ar-AA1zCiAs ]